Not on his watch: Texas Governor Greg Abbott offers a resounding ‘no’ to online gambling.
Texas officials must cease their line of inquiry into legalizing online gambling, Governor Greg Abbot said this week.
In a page to the Chairman for the Texas Gambling Commission, Abbot said that the state prohibition on gambling expansion is in destination to protect residents and he ‘supports it wholeheartedly.’
Abbot’s veto comes in light of news that the state regulator is gathering information on the feasibility of adopting new gambling games in Texas, in particular recreations betting and daily fantasy sports. In October, commission executive director Gary Grief joined up with staff on a mission that is fact-finding Delaware to examine the state’s online gambling operations.
‘In light of continuous external pressures to expand the footprint of gaming in Texas, it is timely and necessary that we provide way on prohibiting all such expansions without express authorization and direction by the Texas Legislature,’ published Abbot in a letter dated November 9, 2015.
‘Please ensure this intent and direction is strictly enforced on the list of staff of this Texas Lottery Commission.
Please also notify the administrator staff and director that any request to go to gather information regarding gaming possibilities which are prohibited in Texas must be denied.’
Gambling in Texas
Beyond the parimutuel betting at horseracing and dog songs as well as the state’s one Indian casino, the only forms of gambling presently legal in Texas will be the state lottery, charitable bingo and raffles.
Even the lottery, which produces $2.2 billion every two years for public training, is under danger and its abolition happens to be debated in the legislature every since its 1991 inception year.
In 2013, lawmakers voted by 81-65 to scrap the lottery, before realizing that plugging that $2.2 billion hole with raffles and bingo might be a stretch associated with the imagination.
A hastily put together ballot reinstated it.
Opposition in the Legislature
The idea of gambling expansion does maybe not stay well with the conservative and Christian sensibilities of a large part of the legislature, and a bill to liberalize gambling this year ended up being summarily quashed.
‘that we may serve as a resource to the legislature should they decide to consider these other forms of gaming,’ Texas Lottery spokeswoman Kelly Cripe said of the reasoning behind the recent mission to Delaware though we may not offer these games, we want to be knowledgeable of the industry so.
‘that it really is the Texas Legislature that sets policy. even as we continue our objective to generate revenue for Texas, we have been extremely mindful and respectful’
However, this week Cripe told the royal vegas casino download Dallas Morning News that her organization would stay glued to the governor’s wishes.
Fontainebleau Resort Goes on the Market for $650 Million
Carl Icahn, who is prepared to market the house he rescued from bankruptcy for the $4 million profit. (Image: businessinsider.com)
Fontainebleau, the big, ambitious $3 billion Las Vegas Strip megaresort that never ever was, is up for sale.
Carl Icahn, the billionaire corporate raider whom rescued the unfinished project from bankruptcy in 2010, is asking $650 million for the property, according to CBRE Group, which has been hired to broker the deal.
The one caveat for prospective buyers: you will have to complete building it yourself.
Fontainebleau was one of a few huge developments conceived before the global economic downturn of 2008 that were devastated whenever recession hit during the construction stage. The tower was never completed, and the resort continues to be just 70 percent complete.
Fontainebleau had grand ideas: named for the magnificent chateau that is french was as soon as house to the kings of France, its tower would, at 730-feet, end up being the tallest in Vegas.
But, like Revel in Atlantic City, no project better symbolizes the financial crash that ravaged the casino industry from 2008 to 2011, during which time nevada was famously dubbed ‘Ground Zero of the financial downturn.’
Work began regarding the property in 2007. Developers Fontainebleau Resorts of Miami, invested $2 billion before being forced into Chapter 11 bankruptcy, as lenders, spooked by the depression that is economic bailed on the project.
In April 2009, Bank of America and JP Morgan Chase, canceled $770 million in construction money.
But Vegas is now on the up, and Ichan demonstrably thinks that Fontainebleau is not any longer a doomed folly to economic shortsightedness, but an exciting investment opportunity.
‘we think Las Vegas nevertheless has an amount that is fair of to operate,’ said Icahn, who paid around $150 million for Fontainebleau. ‘But I’d rather offer it than take enough time and energy to build it out, which we have been considering doing,’ he told the Wall Street Journal this week.
Regarding the Up
The visitors have returned to the populous city in their droves and room rates are at record levels. Meanwhile, other jobs that were abandoned throughout the crisis that is economic for instance the Echelon and the vegas Plaza, have discovered new owners that are willing to invest in their development.
Next door to your Fontainebleau, the Frontier, which closed down earlier this is to be redeveloped into an extension of the Las Vegas Convention and Visitors Authority’s Convention Center District year. The future instantly looks bright for the end that is north of Strip.
‘Las Vegas didn’t just have a recession, it had a depression,’ John Knott, executive vice president of CBRE Las Vegas told the Las Vegas Review Journal.
‘We’ve come a way that is long. Gaming companies are investing in and renovating properties. Local gaming numbers are starting to show enhancement. New projects are bringing vibrancy to our community.
We believe the recession is behind us now.’
It’s estimated Fontainebleau would take another two years to complete.
Hacker Group ‘Anonymous’ Targets Terrorists Over Payment Processors
Cyber hacking collective ‘Anonymous’ announced it is going after ISIS after the militants that are terrorist to have killed over 130 individuals in Paris final Friday. (Image: americasfreedomfighters.com)
Call them Terrorist Haters Anonymous, if you will. Nevertheless the group that lives up to its name is for once planning to bring down the crooks with their own boy that is bad skills.
Yup, the vigilante collective known as ‘Anonymous’ is going to war, and they are moving in by having a kind of cyber-Robin Hood promise this time.
The net hackers posted a video declaration against terrorist group Islamic State of Iraq and Syria (ISIS) over the week-end, claiming the self-proclaimed perpetrators in charge of the attacks in Paris will be ‘hunted down’ and stopped in their cyber tracks.
Online communications, apparently now mostly moved onto gaming platforms in a ‘peer-to-peer’ mode that is inaccessible to law enforcement without obtaining warrants, have now been the main mode for preparing these global and deadly attacks, according to media sources.
Gaming World Knows DDoS Attacks All Too Well
The gambling community has also become familiar with other (often unidentified) proficient computer hackers disrupting operations at both land-based and online casinos while obviously no one would mind if Anonymous succeeds at disabling its victims and greatly hindering their operations.
Last year and 2010, two separate incidents compromised online that is popular gambling processors Moneybookers and Neteller, with an untold wide range of addresses, emails, phone numbers, birthdates, and password hints taken.
Final year, Iranian hackers angered by Sheldon Adelson’s pro-Israel position infiltrated network servers during the billionaire’s Sands Bethlehem resort in Pennsylvania, effectively shutting down the casino. As well as in a series of Distributed Denial of Service (DDoS) assaults sent four Internet casinos offline in New Jersey for some 30 minutes july.
Hackers have largely been a force that is disruptive costs victims billions of bucks each year to protect, however for now the masterminds are putting their skills to good usage by going after ISIS, an organization condemned by all 28 member states of the North Atlantic Treaty Organization (NATO).
Yes, ISIS Tweets
ISIS is really a radical group that resides into the Iraq wilderness, primarily Ramadi, a city it captured once US forces withdrew from the area. ISIS’ headquarters that is war-ravagedn’t without technology, the guerrillas possessing the power to distribute its messages and claims of duty online, because it has reportedly done about the Paris attacks.
Distributed through Twitter, ISIS called the bombings and mass shootings in Paris that left a lot more than 130 dead a ‘blessed attack’ as well as the ‘first of the storm.’
Anonymous responded in its own Internet message, a video clip showing an agent donning the group’s Guy Fawkes mask saying, ‘Anonymous from all over the globe will hunt you down … We will launch the operation that is biggest ever against you.
‘ The French individuals are stronger than you and certainly will turn out of this atrocity even stronger,’ the hackers concluded.
The Anonymous collective’s wishes to disrupt the online operations of ISIS might be significant. The line that is first of recruitment is performed through the web, the team keeping a 24/7 social media presence that utilizes its sympathetic followers to spread its messages and viewpoints.
‘As part of its quest to terrorize the world, ISIS has learned an arena no terrorist group had conquered before: the burgeoning world of social media,’ writers Jessica Stern and J.M. Berger wrote within their book on Islamic extremism, ISIS: The State of Terror.
A report in March by the Brookings Institution found upwards of 2,000 pro-ISIS Twitter records which were highly active, tweeting an average of 50 messages each day. Saudi Arabia, Syria, and Iraq were the top three stated locales of the tweeters, but concerning to Americans is the fact that the usa was 4th.
Twitter does not reveal why or whenever it chooses to disable an account. ‘Is it ethical to suppress political speech, even when such speed is repugnant?’ Brookings asks.
Anonymous is planning to answer that concern on its terms that are own. Gamblers can only hope that other such cyber hackers turn their attentions elsewhere as well.